Future of federal estate tax up in heir: hurricanes, court vacancies delay congressional decisionmaking.
Arkansas Business › November 07, 2005
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Future of federal estate tax up in heir: hurricanes, court vacancies delay congressional decisionmaking.
WHEN ELDON REED died on July 22, the 79-year-old man left his son 1,000 acres of farmland in Lee County and nearly $600,000 in cash.
"It will take all the cash that he had to pay the estate taxes," said Stanley Reed of Marianna. "It's just to me very unfair to make death a taxable event." Reed, 54 and president of the Arkansas Farm Bureau, has long pushed for the permanent repeal of the controversial state tax. The issue was e...See the full content of this document
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